1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Gelneren [198K]
3 years ago
12

Depreciation, a type of expense, is included in the ________ category.

Business
1 answer:
qaws [65]3 years ago
6 0

Answer:

General and administrative

Explanation:

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors.

Generally, financial statements are the formally written records of the business and financial activities of a business entity or organization.

There are four (4) main types of financial statements and these are;

1. Balance sheet: it contains financial information about assets, liability, and equity.

2. Cash flow statement: it contains financial information about operating, financial and investing activities.

3. Income statement: it contains financial information about the income and expenses of an organization.

4. Statement of changes in equity: it contains financial information about profits or loss, dividends, etc.

Depreciation can be defined as a process in which the monetary or financial value with respect to an asset decrease or falls over time as a result of wear and tear.

This ultimately implies that, depreciation is a process which typically involves the general fall in the value of an asset such as currency, plant equipment or machinery etc over a specific period of time.

Basically, depreciation is a type of expense and it is included in the general and administrative (G&A) category of a balance sheet.

A general and administrative (G&A) can be defined as the expenditures that are required for the smooth running or operations of a business, which are not associated with the manufacturing of goods.

You might be interested in
which will typically decrease with large number of units produced, fixed costs, total variable costs, fixed cost per unit, varab
Nady [450]

Answer:

fixed cost per unit,

Explanation:

Fixed cost is cost that does not vary with output. It remains constant regardless of the units of output produced. An example of fixed cost is rent.

fixed cost per unit = fixed cost / output

Let us assume that rent (fixed cost) is $500. When output is 1 unit,  fixed cost per unit = $500 / 1 = $500

when output is 2 units,  fixed cost per unit = $500 / 2 = $250

when output is 10 units ,  fixed cost per unit = $500 / 10 = $50

4 0
3 years ago
Omega Company makes and sells jungle gyms and tree houses for children. For jungle gyms, the price is $150 and the variable expe
Whitepunk [10]

Answer:

b 5:3

Explanation:

Jungle gym sales unit : tree sales unit

10,000 : 6,000

10,000 / 6000

= 5/3

=5:3

6 0
3 years ago
Read 2 more answers
A US company producing cell phones in Brazil would be counted in the measurement of the United States
stira [4]
GNP. So B is correct.

4 0
3 years ago
S= (1+r)c. find c if s=174 and R<br> =455
solong [7]
174=(1+455)c
c=174/456
c=0,3815789474
3 0
3 years ago
When diseconomies of scale occur, Multiple Choice marginal cost intersects average total cost. the long-run average total cost c
Darya [45]

Answer:

the long-run average total cost curve rises

Explanation

Diseconomies of scale is a situation that comes up due to the growth of a business which leads to increase in cost per unit. It is the cost disadvantage a business accrue as a result of increase in output leading to increase in cost per unit in the production of goods and services. When diseconomies of scale occur, as output rises unit cost falls.

3 0
2 years ago
Read 2 more answers
Other questions:
  • You are in charge of advertising for a golf course in the southwest. the owner of the course is convinced that once-a-week adver
    11·1 answer
  • Increasingly commonplace today is the appearance of two different franchise chains under the same roof, such as Pizza-Hut and Ta
    15·1 answer
  • The Jones State Bank is planning to add a branch office on the west side of Edmond, Oklahoma. The bank has done a study and foun
    10·2 answers
  • [The following information applies to the questions displayed below.]
    14·1 answer
  • 13. The work day has just started and you receive reports that the inventory management server is not accessible on your company
    5·1 answer
  • The latest video game comes out and costs $60. You put it on your credit card and can’t afford to pay the whole bill all at once
    14·1 answer
  • The sale of a used automobile would not be included in GDP of the current year because it is ________.
    5·1 answer
  • ________ models assist top-level managers in long-range planning, such as stating company objectives or planning plant locations
    7·1 answer
  • Calculate the future value of $7,000 in four years at an interest rate of 8% per year.
    5·1 answer
  • Preparing a stakeholder register and performing a stakeholder analysis are part of which knowledge area?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!